All About Benowa, Gold Coast, QLD, 4217

Benowa, located in the Gold Coast region of Queensland, Australia, presents a dynamic and appealing housing market that has drawn interest for its balanced blend of suburban tranquility and proximity to urban amenities. The housing market in Benowa is characterized by a diverse range of properties, from luxurious waterfront homes and spacious family residences to more modest townhouses and apartments, catering to a wide demographic. Over recent years, the suburb has experienced steady growth in property values, reflecting both its desirability and the general upward trend of the Gold Coast real estate market. This growth is fueled by Benowa's attractive combination of quality schools, medical facilities, shopping centers, and leisure options, making it a popular choice for families, retirees, and professionals alike. Additionally, the suburb's convenient location, merely a short drive from the heart of Surfers Paradise and the stunning Gold Coast beaches, enhances its appeal for both investors and prospective homeowners.

Living in Benowa offers a harmonious lifestyle that combines the serene charm of suburban life with easy access to vibrant city attractions. The suburb is well-regarded for its lush green spaces, including the popular Rosser Park, also known as the Gold Coast Regional Botanic Gardens, which provides residents with beautiful walking trails and picnic areas. Community spirit is strong in Benowa, evidenced by local events and the active involvement of its residents in various sporting and recreational activities available within the suburb. With a variety of dining options, ranging from casual eateries to more upscale restaurants, residents can enjoy diverse culinary experiences. Moreover, Benowa's strategic location offers excellent connectivity to other parts of the Gold Coast via major roads and public transport, making it an ideal spot for those who seek a balanced lifestyle amidst natural beauty and urban convenience. Overall, Benowa's living experience is distinctively marked by its peaceful environment, community engagement, and accessibility to the broader attractions of the Gold Coast.

Benowa Real Estate Market Outlook

Thinking about buying in Benowa? Now could not be a better time, with 6300 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,269,000 with prices in this suburb ranging from $520,000 to $8,779,000. Benowa is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Benowa driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Benowa due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Benowa provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Benowa requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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Public Transport

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General Points of Interest

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Nearby Suburbs

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